A. General Description of Advisory Firm We are a Delaware limited partnership, founded in February, 2003. We primarily provide investment management services to separately managed accounts and private pooled investment vehicles (each, a “Fund,” and collectively, the “Funds” or “Clients”) that are offered to qualified investors on a private placement basis, typically pursuant to an investment management agreement or similar document (an “IMA”) under which the Adviser is generally granted discretion to trade the Client’s account without obtaining the Client’s consent to each particular transaction (subject to the investment policies and restrictions, if any, imposed by the Client in an IMA or other organizational or operative document). In addition, we operate under basic policies and principles applicable to the conduct of our investment advisory business. These policies and principles are based upon general concepts of fiduciary duty, the specific requirements of the Investment Advisers Act, the rules and regulations promulgated thereunder, and our internal policies. We anticipate advising other funds and managed accounts from time to time. We refer to such potential clients, along with the Clients, as our “clients.” Our principals are Jonathan Savitz, Chief Investment Officer; William Troy, Chief Risk Officer; James Gillespie, Portfolio Manager; Joseph Marconi, Portfolio Manager; and Brett Bush, Chief Operating Officer. Greywolf Capital Management LP is controlled by its general partner, Greywolf GP LLC, a company controlled by Jonathan Savitz. B. Description of Advisory Services As an investment adviser, we provide portfolio management services to our Clients. We are responsible for sourcing potential

investments, conducting research and due diligence on potential investments, analyzing investment opportunities, structuring investments, and monitoring investments on behalf of our Clients. We generate all of our advisory billings from investment advisory services. In general, we do not limit the type of investment advisory services we offer and there are no material limitations to the types of securities in which we may invest our clients (subject to anything in the relevant IMA, offering document, or organizational documents of a particular client). We may invest in any security and any sector of the market to carry out the overall objectives of our clients. Such objectives, strategies and policies may be expected to evolve materially over time. We have complete flexibility to create or organize (alone or in conjunction with others including affiliates) or otherwise utilize special purpose subsidiaries or other special purpose investment vehicles, swaps or other derivatives or structured products. C. Availability of Customized Services for Individual Clients We tailor our advisory services to the individual needs of our Clients. The Client’s IMA, managed account agreement (a “MAA”), a Fund’s private placement memorandum (a “PPM”), or other Fund organizational or operative documents provide more detailed descriptions of each Client’s investment objectives and may contain investment guidelines, policies, or restrictions. D. Wrap Fee Programs We do not offer or participate in a wrap fee program. E. Assets Under Management As of January 1, 2024, we had approximately $3,894,613,378 Client Regulatory Assets Under Management (as such term is defined in the instructions to Form ADV Part 1A), on a discretionary basis.